Home / Owners / Iowa Portfolio Opco Holdings LLC
Nursing homes owned by Iowa Portfolio Opco Holdings LLC
The CMS ownership file lists Iowa Portfolio Opco Holdings LLC with an ownership interest in 8 certified nursing homes with 487 beds in Iowa (8).
CMS ownership and Care Compare data as of September 1, 2026
What the ownership file says
CMS lists Iowa Portfolio Opco Holdings LLC as a direct owner of 7 homes, indirect owner of 1 home. Its earliest ownership association date on file is August 15, 2024, the latest August 15, 2024.
An indirect owner holds its stake through another company. Owners are listed by the homes themselves when they enroll in Medicare and Medicaid; the file names owners with a 5% or greater stake and the companies with control over operations.
CMS also groups these homes into the chain Legacy Healthcare (8).
The homes' record in brief
8 of the 8 homes have a CMS overall rating, averaging 2.6 stars against a national average of 3. 8 are for profit, 0 nonprofit; 8 are certified for Medicaid.
Across the inspections on file the homes carry 151 health citations; 10 citations were rated actual harm or immediate jeopardy, 1 immediate jeopardy. At their latest standard inspections they averaged 4.9 health deficiencies (national 9.2).
2 homes were fined in the last three years, $81,244 across 3 fines. Average nursing staff turnover was 52.4% (national 45.8%).
Staffing at these homes, January to March 2026
| Hours per resident per day | These homes | United States |
|---|---|---|
| All nursing staff | 3.56 | 3.75 |
| Registered nurses | 0.55 | 0.62 |
| Weekdays | 3.73 | 3.92 |
| Weekends | 3.14 | 3.33 |
| Share of nursing hours by contract staff | 8.5% | 5.3% |
Daily payroll records of 8 homes, summed. Weekends ran 16% below weekdays. Source: CMS Payroll Based Journal Daily Nurse Staffing.
Every home it owns
| Home | City | State | Role in the CMS file | Share | Overall | Citations | Fines |
|---|---|---|---|---|---|---|---|
| Rehabilitation Center of Allison | Allison | IA | Direct owner, since August 2024 | 3 | 17 | ||
| Oakwood Care Center | Clear Lake | IA | Direct owner, since August 2024 | 3 | 17 | ||
| Rehabilitation Center of Lisbon | Lisbon | IA | Direct owner, since August 2024 | 4 | 3 | ||
| Heritage Care and Rehabilitation Center | Mason City | IA | Direct owner, since August 2024 | 2 | 7 | ||
| Hallmark Care Center | Mount Vernon | IA | Direct owner, since August 2024 | 2 | 18 | ||
| Rolling Green Village Care Center | Nevada | IA | Direct owner, since August 2024 | 3 | 16 | $9,347 | |
| Nora Springs Care Center | Nora Springs | IA | Indirect owner, since August 2024 | 3 | 10 | ||
| Southfield Wellness Community | Webster City | IA | Direct owner, since August 2024 | 1 | 63 | $71,897 |
Source: CMS Ownership, data as of September 1, 2026, as the homes reported it. Name spelling follows the file; spellings that differ only in punctuation are combined. Being listed as an owner is a fact of record, not a finding about care. Something wrong? Ask for a correction.